CNBC's Steve Weiss Sells Pfizer; Adds More Merck & Company; Sold United The commentary delivered by hosts of the show often moves the stocks . Im not holding my breath for it. Bryn Talkington. We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. "I think this company is going to do extremely well," said Weiss. Amongst those changes were Jumia TechnologiesJMIA. Trade Off: Steve Weiss. EDIT: thanks everyone. Please wait a minute before you try to comment again. Want EXCLUSIVE stories originated by Benzinga reporters? Devon Energy, Broadcom, Amgen And This Company Report Earnings Next Week: CNBC's 'Final Trades'. View Steve Weiss' professional profile on LinkedIn. However, in order to maintain the high level of discourse weve all come to value and expect, please keep the following criteria in mind: Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.coms discretion. and our Are you sure you want to delete this chart? you WILL find it very interesting. CNBC's 'Halftime Report' investment committee, Steve Weiss, Shannon Saccocia, Jim Lebenthal, Joe Terranova and Brian Belski, discuss the risk-reward in stocks after a cooling December CPI. Press question mark to learn the rest of the keyboard shortcuts. 3 ETFs to Fight Back, 5 ETFs to Bet on Favorite Sectors of Q4 Earnings. New comments cannot be posted and votes cannot be cast, http://firstbusinessmooc.org/wall-street/, https://twitter.com/stephenLweiss/status/436195940483874816. by Benzinga Newsdesk, Benzinga Staff Writer. Sign up to create alerts for Instruments, CNBC Halftime Report on Twitter: "Join Scott Wapner and the committee The price is inflation risk and market premium. Even if he is wrong, he should be fine. If you have a 30 year horizon who cares? The past performance of a security, or financial product does not guarantee future results or returns. The correspondent reports on all the aspects that are related to the economy that includes the Federal Reserve and major economic indicators. The coverage limits provide protection for securities and cash up to an aggregate of $150 million, subject to maximum limits of $37.5 million for any one customers securities and $900,000 for any one customers cash. He was WRONg. . Stephen L. Weiss | Financial Sense Stephen L. Weiss - amazon.com Weiss maintains strong relationships with some of the industry's most highly regarded investment managers. Relevant regulatory and exchange fees may apply. All investments involve risk, and not all risks are suitable for every investor. Webull Financial LLC is a member of the Financial Industry Regulatory Authority (FINRA), Securities Investor Protection Corporation (SIPC), The New York Stock Exchange (NYSE), NASDAQ and Cboe EDGX Exchange, Inc (CBOE EDGX). Do Not Sell My Personal Data/Privacy Policy. Horton And This Sector Are CNBC's 'Final Trades', Becton Dickinson, Freeport-McMoRan, GXO Logistics And This Mid-Cap ETF On CNBC's 'Final Trades', AbbVie, Goldman Sachs And This Electric Vehicle Manufacturer On CNBC's 'Final Trades', These 2 Defensive Plays Are Highlights Of CNBC's 'Final Trades', Rivian Automotive, Stryker, Ardagh Metal Packaging And This Tech Stock Are CNBC's 'Final Trades', Rockwell Automation, UnitedHealth, AmerisourceBergen And Shorting This Industrial Stock Index On CNBC's 'Final Trades', Rivian, An Energy ETF and One Of The World's Largest Payments Processors: CNBC's 'Final Trades', AutoZone, EOG Resources, Rivian Automotive And This Big-Box Retailer On CNBC's 'Final Trades', Stryker, Freeport-McMoRan, Southwest Gas And This Health Care Major Feature On CNBC's 'Final Trades', Buy Simon Property, Bunge And This ETF, Go Short On Consumer Discretionary: CNBC's 'Final Trades', Netflix, Visa, B&G Foods And This Automotive Technology Company Feature On CNBC's 'Final Trades', Devon Energy, Service Now, WR Berkley And This Biotech Play On CNBC's 'Final Trades', Cognex, Nucor, Moderna And This Cybersecurity Company Feature On CNBC's 'Final Trades', General Motors, GXO Logistics And This REIT Feature On CNBC's 'Final Trades', Why Home Depot Is A Buy If 'Rates Are Peaking' And These 3 Energy Majors On CNBC's 'Final Trades', Advanced Micro Devices, Blackstone And These Defensive Plays Feature On CNBC's 'Final Trades', Honeywell International, Seagen, New York Community Bancorp And This Transportation Company Featured On CNBC's Final Trade. Tesla, AbbVie Are CNBC 'Fast Money' Mentions; Steve Weiss Is Shorting I'm Stephen Weiss, author of The Billion Dollar Mistake and a regular contributor on CNBC's Halftime Report. CNBC's Steve Weiss Sells Pfizer; Adds More Merck & Company; Sold United Airlines - United Airlines Holdings (NASDAQ:UAL), Merck & Co (NYSE:MRK), Pfizer (NYSE:PFE) - Benzinga % % 0.92. Stockpennies: Steve Weiss on CNBC. I like him being on the show frequently but an inverse-Weiss portfolio may have been ideal over the last year. 2023 Benzinga.com. Im looking forward to my first AMA and your questions. Jeremy Grantham is like the boy who cried wolf. Follow to get new release updates, special offers (including promotional offers) and improved recommendations. From Benzinga. Stephen Weiss Profile - CNBC Never miss a trade again with the fastest news alerts in the world! But the people on CNBC aren't the best fund managers. 100% OWNER OF UNITED ASSET MANAGEMENT UK HOLDINGS LIMITED: indirect: 1996-09-01: 2003-11-18: ARTISAN PARTNERS LIMITED PARTNERSHIP: LIMITED PARTNER OF SUTTER HILL PARTNERS L.P. indirect: 1998-01-01: Weiss is bullish on Jumia Technologies. Our clearing firm, Apex Clearing Corp., has purchased an additional insurance policy.. Our clearing firm Apex Clearing Corp has purchased an additional insurance policy. Are you out of youre mind? Steve Weiss' 30-50% might be worth few millions. Hi Reddit, Im Stephen Weiss, author of the top selling book, The Billion Dollar Mistake, and a regular contributor on CNBCs Halftime report. Do Not Sell My Personal Data/Privacy Policy, The most trusted brand in stock market news, Only comprehensive mobile notifications solution. If you need the money now and are about to retire then sure you can lower your risk. I may miss gains for sure, but it gives me peace of mind to know that half my liquidities are "safe" from any fuck up and that, to me, is priceless. and Lehman Brothers, where he built Wall Street's #1 ranked sales force, in addition to co-founding a hedge fund. You're factoring in a 70% decline? Goldman Sachs' bad quarter is the result of environmental factors, says Steve Weiss CNBC We don't think we're going to have a soft landing, says Cantor Fitzgerald's Eric Johnston At last check Monday, the stock was up 16.84% at $483.61. Asset Class Equity Steve Weiss of CNBC today mentioned that he goes from at least 50 to 70% cash right now. The CNBC reporter previously served for The Wall Street Journal as a senior economics reporter. @wallstreetmooc. There is always the potential of losing money when you invest in securities or other financial products. Many vaccine makers are trading higher after Fauci saidhe is hopeful that COVID-19 vaccines will receive full FDA approval sometime this month. Alphabet, Activision Blizzard, Oak Street Health And This Australian Company On . 70% decline for the S&P gets us back to 2011 levels. Tue, Dec 29 20154:00 PM EST. +0.73%. Never miss a trade again with the fastest news alerts in the world! Keep in mind that while diversification may help spread risk, it does not assure a profit or protect against loss in a down market. 70%? Tesla, AbbVie Are CNBC 'Fast Money' Mentions; Steve Weiss Is Shorting The commentary delivered by hosts of the show often moves the stocks mentioned. For more information, please see our Free trading of stocks, ETFs, and options refers to $0 commissions for WebullFinancial LLC self-directed individual cash or margin brokerage accounts and IRAs that trade U.S. listed securities via mobile devices, desktopor website products. Today, I'm looking to talk with anyone interested in financial markets. By doing so, you and %USER_NAME% will not be able to see View and manage who you follow on Amazon. I don't regret having 30%. I heard Weiss keeps matchbox cars in his ass for safe keeping. Let me know if you think Im buying in to high, Apple $17? SEC Filings include 13F quarterly reports, 13D/G events and more. After four years, he headed out in different directions from the organization and joined SAC Capital Advisors. The commentary delivered by hosts of the show often moves the stocks mentioned. 2022 Benzinga.com. From Benzinga. Since youve just unblocked this person, you must wait 48 hours before renewing the block. Will Oil Stocks Once Again Lead The Market As Inflation Eases? Ever wonder what Steve Weiss does in his spare time? Short Hills Capital's Steve Weissshared Monday on CNBC's "Fast Money Halftime Report"that he is adding to hisModerna Inc (NASDAQ:MRNA) stock position. 2. Benzinga does not provide investment advice. Fast Money Halftime Report : CNBC : March 3, 2023 12:00pm-1:00pm EST On CNBC's "Fast Money Halftime Report," Steve Weiss discussed the recent changes he's made to his portfolio. March 19, 2021 12:34 PM | 18 seconds read. Join 10,000+ serious traders in the Benzinga Pro community! If you are 60 and getting ready for retirement and on a fixed budget than it could make sense to go heavier into cash, although pulling from a Roth would be my last resort. Please ensure that you fully understand the risks involved before trading. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. PROG Holdings Reports Fourth Quarter 2022 Results; Terran Orbital Wins $2.4 Billion Contract to Build 300 Satellites for Rivada Space Networks; Gamer X @GamerX1414 . Benzinga Pro users can access this information by using the News tool on any . SHCP opened to outside investors in 2014. The goal of this Wall Street MOOC will be to help students develop a better understanding of how financial markets work. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Steve Weiss, Short Hills Capital managing partner, joined CNBC's "Halftime Report" to explain why he no longer plans to own any Chinese stocks. Thanks for your comment. %USER_NAME% was successfully added to your Block List. Here's how, You sense the market is desperately hoping the Fed is done hiking interest rates, says Peter Boockvar. He loves days like this. He stated that it's the Amazon.com of Africa and that this is a long-term position for him, and not just a trade. Trade Off: Steve Weiss - CNBC Please read the Characteristics and Risks of Standardized Options before trading options. Privacy Policy. In total we count 515 positions held by Weiss Asset Management LP as of their latest 13F filing, but among those total Weiss Asset Management LP holdings we've sorted out the top ten stocks held by Weiss Asset Management LP by largest position size, and presented them here in slideshow form. Eventually you could sell what u perceive as expensive and keep stocks you believe are undervalued. Join 10,000+ serious traders in the Benzinga Pro community! Options trading entails significant risk and is not appropriate for all investors. Please ask me anything. Moderna announced today that itsCOVID-19 vaccine wasgranted provisional registration by the AustralianTherapeutic Goods Administration. Why This Investor Just Compared Moderna To Amazon, Sees 500% - Webull Us 10, Scott 7, S&p 6, China 5, Steve 5, Shannon 4, Microsoft 4, Weiss 3, Apple 3, Invesco Qqq 3, Steve Weiss 3, Jim Lebenthal 3, Ibm 3, Primerica 2, Mike Santoli 2, Jim 2, Rob Sechan 2, Pnc Private Bank 2, T. Rowe Price 2, Walgreens 2 WEISS ASSET MANAGEMENT LP Top 13F Holdings - WhaleWisdom.com There's no evidence that the market will bounce, says Short Hills UNHedged, the author's first work of fiction, follows two extremely well accepted investment books: The Big Win: Learning from the Legends to Become a More Successful Investor (Wiley, 2012) and The Billion Dollar Mistake: Learning the Art of Investing Through the Missteps of Legendary Investors (Wiley, 2010). Why This Investor Thinks The Moderna Sell-Off Is A - Benzinga He added on to his already existing position inthe company. 2023 Webull Financial LLC, All rights reserved. Steve Weiss Weighs In On Jumia - Jumia Technologies (NYSE:JMIA) Your ability to comment is currently suspended due to negative user reports. If youd like to learn more about the course, heres a link to a video intro: www.youtube.com/watch?v=SOt_F4ig4j4#t=40, Link to the Wall Street MOOC course: http://firstbusinessmooc.org/wall-street/, Verification: https://twitter.com/stephenLweiss/status/436195940483874816. Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. Do Not Sell My Personal Data/Privacy Policy, The most trusted brand in stock market news, Only comprehensive mobile notifications solution. Stephen Weiss is the Chief Investment Officer and Managing Partner of Short Hills Capital Partners, an alternative investment fund primarily established to invest the personal wealth of David Tepper, widely regarded as the industry's most successful investor. Stephen L. Weiss (@stephenLweiss) January 27, 2022 In 1992, he joined the Salomon Brothers and filled in as the Co-Head Global Equity Research. CNBC's 'Halftime Report' investment committee, Shannon Saccocia, Joe Terranova, Steve Weiss and Jim Lebenthal, discuss the Fed's policies impact on the great. An explanatory brochure is available upon request or at www.sipc.org. Additionally, he frequently appears on Fast Money at 5 PM, the Closing Bell, and The Kudlow Report. It is like everything he touches turns to crap or he is late to the show and just rides them down. The commentary delivered by hosts of the show often moves the stocks mentioned. As an investment of course. Top 10 Stocks Held By Weiss Asset Management LP A Division of NBCUniversal. february 27th but sign up now. Steve Weiss of CNBC today mentioned that he goes from at least 50 to 70% cash right now. All Rights Reserved. Not all coins provided by Apex Crypto LLC are available to New York residents. #CNBC #CNBCTV Be very selective in buying stocks right now: Steve Weiss 113,778 views May 13, 2022 858 Dislike Share Save CNBC Television 2.15M subscribers The investment committee joins. Timing the mkt its almost impossible. Stephen Weiss - Board Member - Digital Diagnostics | LinkedIn Want EXCLUSIVE stories originated by Benzinga reporters? Bryn Talkington - Latest News and breaking headlines - Benzinga Moderna is trading higher on a few different pieces of news including the company's approval in Australia,comments from Dr. Anthony Fauci andBioNtech SE's (NASDAQ:BNTX) financial results,Weiss told CNBC. There's no shame in going heavy in cash if you are bearish but 70% is pretty much COVID 2 plus world war 3, There are those who think that all growth for the past decade+ has been completely irrational or inflated. Steve Weiss of Short Hills Capital Partners said he is shorting the iShares 20 Plus Year Treasury Bond ETF (NASDAQ: TLT) , believing interest rates will rise.